TheNewsRoom | Earnings Roundup: NEW, ALU

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Earnings Roundup: NEW, ALU

July 28, 2011

Ashland (NEW) announced third-quarter earnings that beat estimates, as the company was able to pass on cost increases to customers. Net income dropped to $87 million, or $1.09 a share, from $148 million, or $1.85 a share, versus the same period last year.